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Consolidated Statements of Equity - USD ($)
$ in Millions
Total
Additional Paid-in Capital
Accumulated (Deficit) Earnings
Accumulated Other Comprehensive (Loss) Income
Equity Attributable to Common Stock
Equity Attributable to Noncontrolling Interests
Beginning balance at Dec. 31, 2016 $ (557) $ 4,861 $ (5,404) $ (14) $ (557)  
Increase (decrease) in Equity            
Net (loss) income (262)   (266)   (266) $ 4
Contribution from noncontrolling interest holders, net 98         98
Distributions paid to noncontrolling interest holders (8)         (8)
Other comprehensive income (loss) (9)     (9) (9)  
Share-based compensation, net 18 18     18  
Ending balance at Dec. 31, 2017 (720) 4,879 (5,670) (23) (814) 94
Increase (decrease) in Equity            
Net (loss) income 330   328   328 2
Contribution from noncontrolling interest holders, net 82         82
Distributions paid to noncontrolling interest holders (64)         (64)
Issuance of common stock [1] 101 101     101  
Other comprehensive income (loss) 17     17 17  
Share-based compensation, net 7 7     7  
Ending balance at Dec. 31, 2018 (247) 4,987 (5,342) (6) (361) 114
Increase (decrease) in Equity            
Net (loss) income (18)   (28)   (28) 10
Contribution from noncontrolling interest holders, net 49         49
Distributions paid to noncontrolling interest holders (80)         (80)
Other comprehensive income (loss) (17)     (17) (17)  
Warrant 3 3     3  
Share-based compensation, net 14 14     14  
Ending balance at Dec. 31, 2019 $ (296) $ 5,004 $ (5,370) $ (23) $ (389) $ 93
[1]
Includes 2.85 million shares of common stock (valued at $51 million at issuance) issued to Chevron in connection with our acquisition of Chevron's working interest in the Elk Hills unit and 2.3 million shares of common stock (valued at $50 million at issuance) issued to an Ares-led investor group. See Part II, Item 8 – Financial Statements and Supplementary Data, Note 4 Acquisitions and Divestitures and Part II, Item 8 – Financial Statements and Supplementary Data, Note 5 Joint Ventures for more information.